Thread: Eur/Jpy
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Hamzagoroo (2019-04-07)
Constant moving average above the 55 level 128.75 increases the negative pressure and opportunities for acquisition price for the determination of the downward until the arrival of the main goal.
Expected trading range for today between 127.25 and 125.00
The tendency for this year is expected today: Down.
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Hamzagoroo (2019-04-07)
daily overview for Eur-Jpy
r3: 128.97
r2: 128.39
r1: 127.67
s1: 126.37
s2: 125.79
s3: 125.07
the pair can not break the support to down
so our trade for the pair is buy
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Hamzagoroo (2019-04-07)
The price is in downtrend because it is below the Ichimoku Kumo Cloud and EMA 200 in H4 chart. But the Kumo Cloud is flat. This will create the attraction of price. So,Eur/Jpy is still in bearish trend due to greece elections and they still struggling. If this continues then next target will be 127.30.
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Hamzagoroo (2019-04-07)
pair- eur/jpy
time frame to analysis- m30
the major trend of the price is continue down side and its up movement is rejecting with the resistance of moving average 50. now the price hit moving average 50 at 126.75 level so again down movement can setup. short with stop loss at 127.75 and profit target at 125.23
good luck
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Hamzagoroo (2019-04-07)
Trading Signal - 13/04/2015 - 10:00 (GMT +2)
Instrument: EURJPY
Time : 60min CHART
Trend & Condition : Downwards Weak
Waiting for the upward break of 127.80 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 127.18 would cancel the bullish scenario.
Support & Resistances :
126.40 128.10
126.10 128.60
125.70 129.50
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Hamzagoroo (2019-04-07)
daily overview for Eur-Jpy
r3: 130.00
r2: 129.38
r1: 128.43
s1: 126.81
s2: 126.24
s3:125.29
the pair broke the triangle down
so our trade for the pair is sell
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Hamzagoroo (2019-04-07)
A return below 127.13 / 92 adds a lot of weight on the pair. The losses last week were significant. The objective of the "triangle" is on 124.35. Short-term significant resistance is on 128.40.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
daily overview for Eur-Jpy
r3: 130.00
r2: 129.38
r1: 128.43
s1: 126.86
s2: 126.24
s3:125.29
the pair broke the triangle to up
so our trade for the pair is buy
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hamzagoroo (2019-04-07)
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: bolloinger indicator has pursed, menadndakan the possibility of a break of support / resistance. Predicted market will still be touching the pivot level at 127.81, and will go down again penetrate support at 127.21
Recommendation: Sell limit in 127.81
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hamzagoroo (2019-04-07)
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